Daily digital currency dynamics summary (2024-09-20)
1. BlackRock: Bitcoin's attractiveness as a reserve asset has increased due to the US federal deficit and debt situation.
2. Standard Chartered Bank: Bitcoin and the broader crypto market will continue to rise after the Fed cuts interest rates.
3. Viewpoint: Bitcoin may break new highs and is expected to rise to more than $100,000 by the end of the year.
4. Bitbank analyst: Bitcoin has not yet escaped from trouble, and the next short-term target may be around $65,000.
5. : It is expected that the volatility of the crypto market will soar as the US presidential election day approaches.
6. 4E Asia Pacific Ambassador: As the world enters a cycle of interest rate cuts, the relationship between traditional finance and Bitcoin is undergoing profound changes.
7. Hong Kong virtual bank WeLab has formed a consortium to apply for a Thai digital banking license.
8. The German government has closed 47 cryptocurrency exchanges suspected of being involved in illegal activities.
9. Block subsidies have become the main source of income for Bitcoin miners, accounting for more than 98%.
10. Robert Kennedy Jr.: Bitcoin mining is a powerful new tool to support renewable energy grids.
11.: BTC short-term holders' supply decline may hinder price breakthrough.
12. Russian media: A man who "sent cryptocurrency to the Ukrainian military" was arrested by the Russian Federal Security Service on suspicion of treason.
13. Worldcoin is testing the facial recognition function of its World App.